Mercer Global Advisors Inc. ADV acquired a new position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,916 shares of the financial services provider's stock, valued at approximately $333,000.
Several other large investors have also made changes to their positions in TMP. Wilmington Savings Fund Society FSB bought a new stake in Tompkins Financial during the 4th quarter worth approximately $27,000. Sterling Capital Management LLC raised its stake in Tompkins Financial by 784.8% in the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock valued at $28,000 after buying an additional 361 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of Tompkins Financial in the fourth quarter valued at approximately $49,000. Russell Investments Group Ltd. boosted its holdings in shares of Tompkins Financial by 21,563.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,383 shares of the financial services provider's stock valued at $162,000 after purchasing an additional 2,372 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new position in Tompkins Financial during the 4th quarter worth $163,000. Institutional investors and hedge funds own 69.11% of the company's stock.
Tompkins Financial Stock Down 0.0%
TMP stock traded down $0.01 during mid-day trading on Tuesday, reaching $64.14. 3,753 shares of the company traded hands, compared to its average volume of 50,850. The firm has a market cap of $922.90 million, a PE ratio of 12.96 and a beta of 0.73. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. Tompkins Financial Co. has a fifty-two week low of $43.32 and a fifty-two week high of $79.01. The company has a 50 day simple moving average of $61.04.
Tompkins Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.87%. Tompkins Financial's payout ratio is presently 50.10%.
Tompkins Financial Profile
(
Free Report)
Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.
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